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. this afternoon the president hosted his vanquished rival, mitt romney. no word yet on if mr. romney found the cookies up to his rig rouse standards or how many white house beers the president decided to drink. we're also holding out hope that a savvy waiter or waitress caught at least 47% of the lunch on cell phone video. while in washington romney also met with his former running mate, the marathoner paul ryan, and offered a few kind words about him to the press. >> mr. romney, how was your meeting with mr. ryan today? was it nice to see him? >> that's a greet friend. good to be with him. >> good to be with him? >> always great to see paul ryan. >> while today's lunch was perhaps an opportunity to shake after a hard fought campaign, not everybody was feeling so friendly. take for example john bain mother earlier today slammed the president for campaign style events on the fiscal cliff. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. so right now all eyes are on the white house. the country doesn't need a victory lap. it
tv this is "the bill press show". >> bill: all right. president obama has lunch with mitt romney and does not offer him a job. good. what do you say? good morning, everybody. guess what. it is friday ♪ hallelujah ♪ >> friday, november 30th. no matter what month it is. no matter what friday is, we love our fridays here around the full court press. ♪ hallelujah ♪ >> we know you do as well. we are not going to let you get into the weekend before we bring you up to date on all of the latest here from our nation's capitol. lots of important stuff going on yesterday with the president meetings at the whitehouse on the fiscal cliff, a big press briefing yesterday, big white house correspondence party first holiday party of the season, jay carney and a lot of the white house press -- a lot of the white house press staff gathering together at the j.w. marriott just up the street from the white house. in new york, yesterday the united nations recognizing palestine as -- with a new observer status at the united nations. the u.s. voted against it for a
harry truman did it for herbert hoover. maybe this president could do it for mitt romney. it would set the right tone for the last term. that's what i care about. some common ground out there is going to be the story of the next coming weeks. can they or can't they? that's "hardball" for now. "politicsnation" with al sharpton starts right now. >>> thanks, chris. and thanks to you for tuning in. tonight's lead, mr. romney comes to washington but republicans still don't understand why he lost. the white house released this photo of governor romney and president obama in the oval office. this photo taken the day after their big lunch. through the door, you can see the private dining room where they shared a lunch of turkey chili and southwestern grilled salad and right behind the second-place finisher is the presidential race. you can see the desk that belonged to president kennedy. it's the desk he thought he'd be sitting at. the white house says the lunch was friendly. mr. romney congratulated the president on his victory and wished him well over the next four years. they also talke
appreciate it. >> thanks, chenk. >> cenk: when we come back, president obama and mitt romney had a lunch. there's a secret recording of that lunch, kind of. >> president obama makes good on an election night promise meeting with mitt romney. that this is their first face-to-face meeting sings their bruising campaign. >> the elbow of the day is on a shiny bald republican head. i think you'll like it. [ ♪ theme ♪ ] >> cenk: president obama met with mitt romney today for lunch. our political correspondent michael shure is here to tell us all about it. >> on the one hand, a warming comforting thing about american politics is the loser comes and meets with the president or whoever it was that beat them. they have a meeting at the white house. mitt romney arrived through a back door, pictured going inside. that's through the basement of the white house. i couldn't make this stuff up. then of course this is the official picture, the white house released, there's an official picture. this is of course governor romney and president obama standing in the oval office, comforting that romney wou
some romney voters said hey, yeah, we should raise taxes on the rich. it seems there's a passionate fwrup of far right conservatives who are saying we don't want to raise taxes on the rich. and they seem to have an outsized amount of power in this discussion. because they are against compromise. they are super passionate. they will primary people who go against them and vote them out of office. is it that we have this passionate small minority that is kind of holding the whole process hostage to use a word from last term? >> i'm not sure it's a passionate small minority. i mean, it's the majority of the party. it's a core principle for the gop. it's one of the -- really one of the few core principles in kind of the post-cold war and post social issues kind of part of politics right now that brings them all together. it's very important for them to not have high taxes. what we're seeing right now is sort of, i think, and it's been a conjecture, but the orthodoxy on taxes which is very well enforced and policed by groups that, as you say, will primary republicans. the kind of core on
romney had lunch with president obama over at the white house. and in the middle east, joy and flag waving because of an impending decision at the united nations. i'll ask israel's ambassador to the united states why he thinks -- why his country thinks the u.n.'s possibly interaction is a bad idea. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's hard words in the negotiations to avoid the so-called fiscal cliff. that steep across the board spending cut and tax increase scheduled to hit in just 33 days. in a scathing assessment today, the speaker of the house john boehner says there's been no substantive progress on a deal. need to realize there can be no deal without tax rates going up for top earners. let's go live to our chief white house correspondent jessica yellin. she's got more on the latest developments. tough talk from both sides, jessica. >> reporter: tough talk and some bright lines, wolf. on the same day that treasury secretary tim geithner went to capitol hill to meet with both democrats and republicans to talk about these negotiations, there
on the table, but the only thing he said was exactly what mitt romney had been saying for the last years, closing loopholes and reducing deductions. >> and, martin, he still had to walk that back afterwards. professor reich is right here. what the american people need to understand is that we're looking at a political party that for different reasons can sometimes put politics ahead of the people. and the reasons here have to do with the monied interests and the way they represent the 1% from a political perspective. so, again, my hope is that once the tea party congress within -- the tea party caucus within the congress is diminished in the new year, we've gone off the fiscal curb, we can have some reality in the discussions we need to have. >> but professor reich, boehner says there's a stalemate. but realistically, is the stalemate between democrats and republicans or is it more between republicans who want to make a deal and those -- >> and grover norquist. >> -- that dr. peterson just referred to, grover norquist, who are hell bent on expediting their own ideology whatever happens?
is underscoring his reasonableness. i feel like this is a reasonableness towards having romney to the white house, meeting with ceos who donated to romney going out there as michael crowley pointed out, we were chit chatting over the president, full disclosure, the president using a fair and balanced to describe his approach which is a republican line. >> never heard the phrase. >> but, you know, the question is, does that at some point backfire for him? the republicans seem to be pushing back saying this is extreme, insane, we can't believe this is -- >> i think the best contrast for what's happening is the stimulus bill that happened in 2009. it was the first thing he did after being elected in 2008 and did a dramatically different than what he did now. he structured the bill with the tax cuts in it and told republicans okay, come on board, you have about a third of the tax cuts in the package, that's what you wanted and he didn't give them an incentive to buy into the enterprise. he didn't allow them to claim ownership of the change to the legislation and did an inside game what melissa was ta
. >> and barry manilow also performed. >> carolyn: still ahead. mitt romney goes to lunch at the white house. the conversation between former presidential rivals. >> happening now, i'm david louie on storm watch standing a a creek in east palo alto. they are using high-tech to monitor the conditions. >> then david petraeus talks about his relationship that cost him his job. >> i'm michael finney all that connected to hundreds of dollars. i will let you know the biggest ways you can save on your >> carolyn: we are on storm watch. here is a live look at what live doppler 7-hd. the system is still moving into the bay area. we are ready for another major soaking and network of web cameras monitoring areas that is causing problems. >> larry: david louie has a look at the technology. >> reporter: it shouldn't be any surprise that here? silicon valley they are icing high-tech. i am standing next to a benign creek right now, but it is flood prone. it can be raging waters and because of all the storm runoff. there is rain gauges and web cams and even sonar to monitor the runoff as the creek channels
romney agreed to stay in touch following their face-to-face sit-down at the white house. the two met privately yesterday over lunch to share ideas about solving challenges facing the nation. they also discussed the possibility of working together in the future. the white house described the meeting as friendly. as the former rivals shared a meal of light turkey chili and chicken salad. >>> former president george h.w. bush is expected to be released from a houston hospital this weekend after suffering complications from bronchitis. the former president is making his second extended stay at a hospital this month for a lingering cough that doctors hope to prevent from becoming pneumonia. aides say the 88-year-old feels good enough to go home, but doctors aren't taking any chances, keeping him until the cough is completely gone. >>> in a stinging diplomatic defeat for the u.s. and israel, the united nations has voted overwhelmingly to recognize palestine as a nonmember observer state. in the west bank city of ramallah, hundreds celebrated the vote in the main square. the resolution stil
. [ grunting ] >>> mitt romney made it to the oval office yesterday, but not quite in the way he'd envision ed it. the two former rivals talked for over an hour over white turkey chili and southwestern grilled chicken salad. delicious. in the private dining room just off the oval office. after a sharp eye spotted boxing gloves in the photograph, aides joked there were no punches thrown. nbc senior political editor mark murray is here with this morning's first read. mark, the picture is worth 1,000 words. that's why they did this, for the picture. >> it was a symbolic moment. not a lot was said. we've gotten little reporting on any big substance, but you could argue the symbolism does matter. we had a campaign that essent l essentially lasted two years, a lot of tough words, a very personal campaign and it proves to the american public that, you know what, we can all move on as a country even after a tough campaign, that life goes on, you accept who wins. you accept who loses even in a close contest after 2,000 which was a statistical tie between al gore and george w. bush, the country does mo
obama knocked mitt romney out in this election? did they do this on purpose? we'll never know. but maybe louie gohmert can help us out. that's "the ed show." i'm ed schultz. "the rachel maddow show" starts right now. good evening, rachel. >>> we will know that is the case if we find some kind of mexican wrestling mask in the next pete souza photo from the last year in the former soviet republic of georgia, which to refresh your memory is here sort of wedged into a port of the world called eurasia, in his struggling young nation of georgia, a 75-year-old grandmother was out looking for scrap metal and she happened by some dark miracle she happened upon the cable that connects much of that region to the outside world. the cable that she found when she was looking for scrap metal happened to carry the internet. the whole internet service for that whole part of the world. and because this woman was poor and she thought the cable maybe contained some valuable copper that maybe she could sell, she cut that cable with a shovel. and with that one mighty thwack, that 75-year-old woman severed alm
, but let me start by--let me go to romney, too. while i'm rolling let's keep on going. the guy who did run for president was mitt romney. and he's now being followed around in california by tmz among other folks. they spotted him at a costco. he has glasses on, a hat on and he's trying to hide. not really working--watch. [ ♪ music ♪ ] [ ♪ music ♪ ] [ ♪ music ♪ ] >> cenk: that's almost kind of sad. that's not the right look for mitt romney. everybody is here. ana kasparian, jayar jackson and michael shure with you guys. so, first of all ana let me just start on the romney thing there. >> sure. >> cenk: man he's corporate look is the look for him. he looked like a creeper in that outfit. now the thing is, my question to you is what would you do if your mitt romney. >> i would do exactly what he's doing now. i think it's funny that people are picking on him and making fun on him. it looks sad because we look at him as this extremely fabulously rich guy who probably doesn't do anything himself. but who doesn't enjoy a trip to costco with a free sample. >> cenk: and he's in la jolla
former rival governor romney. more on that next. scientists say they can predict in newborns. we'll tell you what it is. a tire filing smash-and-grab robbery all caught on tape. it is all "happening now". jenna: this thursday we're awaiting a big meeting at the white house. we're glad you're with us, everybody, i'm jenna lee. jon: wouldn't you love to be a fly on the wall? jenna: wonder what is on the menu? jon: i guess we'll find out. president obama making good on campaign promise as he gears up for a sit down with governor romney, the first meeting since the election. the private luncheon set to begin hour and a half from now. white house correspondent ed henry is live. what is on the agenda, ed, do we know? >> reporter: white house officials say this will be a bit more personal. not necessarily a lot of business conducted in terms of fiscal talks and what not. they believe obviously this is the first time they have gotten together not just since the election but since the debate in boca raton, florida, over a month ago. first time they have been face-to-face. this is a long tradition
and honey is mitt romney's sandwich. we'll see if they have it at the white house. how about this. could gitmo detainees be heading to your town. the move to close guantanamo bay. why it may be a bad idea. bill: any chance republicans fold on raising tax rates? we will find out when we ask senator john f u.n. e, and conservatives say the fight is far from over. >> republicans have stood for one thing specifically, it's held them together, they are the low tax party. the other guys want to tax to match their reckless spending. if they give it up now in return for nothing obama wins and he wins big. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. martha: unions are stopping work at another busy california port.
romney team. they lost the election but they're not aware of it. here we have another adviser to mitt romney who wrote an editorial, and here's what they wrote. quote, fighting democrats to a draw on medicare, including the fact that the republicans retain comfortable control of the house may well be seen one day as a key moment in american politics when mediscare attacks lost its potency. first of all you lost the election, i don't know what you're talking about. second of all you're the one who did mediscre. and treating american people in a mature fashion pays difficult dents in that calm, persistent and well reasoned arguments can overcomeovercome demagoguery. here is another one. romney carried the majority of every economic group except those with less than $50,000 a year. that means he carried the majority of the middle class voters while john mccain lost white voters younger than 30 by 10 points. romney won these voters, sure, he talks about how they won. but i got bad news
obama - meeting with his former rival mitt romney. >> and --- 49-ers quarterback alex smith -- talking for the first time about being benched. you don't want to miss what smith had to say about colin kaepernick taking his job because of an injury. the news continues next. ♪ secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health of your family depend on it. >> meeting with his former rival mitt romney. mitt romney had lunch today with the man who defeated him in the presidential race. it was a private meeting - but the white house released this photo. very few details were released - but we're told that the president and romney talked about america's leadership. one interesting moment happened as romney was arriving -- and a man ran up to his car window and began yelling. he was hustled away and arrested. a white house statement says romney and the president promised to stay in touch, particularly if opportunities to work together come up in the future.. w
. >> president ob dwraum -- obama will meet for a private lunch with mitt romney. the president promised to meet with his rival and that he would consider romney's ideas. romney commented he believed the president won because of so called gifts he gave to hispanics, blacks and young voters. we'll see how the meeting go autos one thing you can do to give your cholesterol lowering drugs a boost. >> a woman finds success on the internet spoofing popular videos and how she's using the start up to give back. >> i'm michael finney. today 7 on your side q and a is just ahead. so you can contact me right now on facebook.com and over on twitt twitter. >> i'm sandhya patel from our camera you can see the sun. we're in between storms. two more storms coming as we head towards the weekend, flooding concerns and details coming up. >> and update on breaking news. sky 7 hd live over interstate 880. you can see the back up here on northbound 88 owe is immense. this is a scene of two crushed cars. they fell off a truck this afternoon and have been moved from the roadway. but no let up yet in the traffic. stay wi
day, itself. harry truman did it for herbert hoover. maybe this president could do it for mitt romney. give him a job he can do well. it would set just the right tone for the second term. that's what i care about. we ain't getting anything done until the two parties try to find some common ground out there. and that's going to be the story of the next couple weeks. can they or can't they? that's "hardball" for now. thanks for being with us. "the ed show" with ed schultz starts right now. >>> good evening, americans. welcome to "the ed show" from new york. john boehner wants cost cutting details from the president? tonight, details on the speaker's shell game. this is "the ed show." let's get to work. >> the white house, this is not a game. i'm disappointed in what's happened. >> the speaker of the house is disappointed. he's also deceptive and dishonest. >> democrats have yet to get serious about real spending cuts. >> tonight, richard wolffe on today's nonsense from republicans and where a deal on the fiscal cliff stands. and former health insurance executive wendell potter on what o
like mitt romney giving gifts to people that's a big problem the chairman can't solve. >> you can lead an elephant to water but can't make it drink. we're back more right after this. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios yofor giving the perfect gift?le just have a knack tend to weigh less than those who don't. they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax multi-tool starter kit and get a free head attachment. or treat gas with these after you get it. now that's like sunblock before or sun burn cream later. oh, somebody out there's saying, now i get it! take beano before and there'll be no gas. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten secu
in human events. he says this is worse than romney's 47% comment. a brutal insult to american character, saying that americans are envious and children' morale will perk up when he they see their class enemies getting hit with higher taxes. and i said a year ago that warren buffett, this is not the leeacy he wants to leave, i don't think, but he's going to be really, really diminishing his power and influence. stuart: do you think it has been diminished? >> the general public it on to that. he's not talking for greater good of the american people when he makes statements that. when is he the voice of the rich in the country. and he's far richer than anybody making $250,000 a year. >> won't help the economy and reduce the deficit and make the middle class. >> here you go, charles, your chance. >> you know it's despicable and being honest, he's being dishonest because he keeps-- the op-ed, for instance, in the new york times, the first half talks about the forbes 400, the 400 people on matt lawyer yesterday talks about the richest 1% of 1% and somehow segues to people making $250,000 a ye
that mitt romney might win the election and get some of these things done without them having to go public but now, as we just saw lloyd blankfein and others are going on a public campaign to convince americans we can't afford social safety net programs and they need a windfall and tax breaks. the spirit of giving is a little hard to find among some of them. >> eliot: bill, you have been critical of your former brethren on wall street. you've been rational. you have to admit they're not the best messengers for this right now. >> they're terrible messengers. i don't really understand lloyd blankfein his thought going on cbs news tv for so long then he does go on and they take two minute clip out of a 40-minute segment and basically string him up with it. it is unfortunate. i don't think they're the best messenger. they would admit they're not the best messenger for this. but on the other hand, eliot i think it is important to point out the business roundtable is more to the extreme right of these guys. they're trying to be c
meaning in the photo of the president and mitt romney in the oval office today? an "ed show" investigation, my friends, is ahead. share your thoughts with us on facebook and on twitter using #edshow. ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with duralock. trusted everywhere. >>> democrats like to pretend as though they're the great protecters of social security, medicare, and medicaid. they make solemn pledges all the time about how they won't even entertain a discussion about reform. >> and we are back. that's senate minority leader mitch mcconnell saying democrats won't even entertain a discussion of reforming entitlement programs? simply not true. democrats want to extend the life of these programs. the real issue is what kind of reform are you talking about? medicare is central to the discussion because republicans want to
, saying that president obama will be better for business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend taxes. and so, mary, turns out maybe taxes do influence investor behavior. what's the meaning of the great cashout of 2012? >> well, don't tax you, don't tax me, tax the guy behind the tree. >> paul: russell long, former late senator. >> exactly. and what you see here are very wealthy people who can, you know, engineer ways to avoid taxes, meanwhile, what he's-- the medicine he's suggesting for people who are starting to do better, people who say, make $200,000, maybe working their whole life. they're the ones who are going to get hit with the obam
is now teaming up with the president, despite the fact they supported mitt romney. they are now teaming up -- >> eating you, crawling back? >> looks like they are forcing -- they are forcing the issue, and, basically, supporting the president's position on this for higher taxes on those upper brackets. little bit of background on tom. he was a senior executive at morgan stanley in a very big democratic operative, a senioo executive, then to be hillary clinton's number two of secretary of state, and rumored, rumor, it's in the wall street washington nexus, that if jack lew is treasury secretary, highly likely if you read the tea leaves, he gets jack's job as the chief of staff. interesting meeting. this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and he likes working there, and that he wants a higher position, and, you know -- >> down in wall street or washington? >> washington. washington's south; right? >> of here. >> wall street's south of here too. >> but down, down there. the meetings are ab
there. >>> the white house releasing this photo of mitt romney and president obama shaking hands during yesterday's private lunch meeting. >> so there was a photo after all. >> released and taken by the white house. the former rivals promised to stay in touch after spending an hour discussing ideas for keeping america competitive. they dined on turkey chili and chicken salad. a source tells cnn there was no talk of a possible role for romney in the obama administration. >>> the supreme court may decide as early as today if it will tackle same-sex marriage. the justices will consider requests to review cases that challenge doma, the defense of marriage act, as a violation of the constitution's equal protection marriage. also on the table potentially, they're considering a challenge to prop 8, that is california's ban on same-sex marriage which voters narrowly approved back in 2008. >> this is a huge move by the court today to find out what they're going to do. >>> an update on the health of former president george h.w. bush. he's in stable condition at a houston hospital. he was admitted
17 people over, half were puerto ricans, mexican, i was the only one who voted for romney. the only one in the room. i got to tell you something, they sold the idea that republicans, more black people voted for obama because they were afraid of romney. not because they loved obama but they were so fearful of romney and republicans. >> i think it is a case of actions speaking louder than words. you can say to people we like you and we are inclusive but if you don't have representatives there that look like me or have been in my shoes i am not going to believe it. doesn't matter if you are a person of color, if you're a woman or a person of a certain economic background you need that representation and you need those people to say i am a representative -- didn't have enough of those -- >> at some point it becomes pandering if you are just rolling out one black or hispanic -- [talking over each other] charles: you have to start the republicans started two weeks ago, got to the grass roots. you can't just show up. you have to be prepared. i don't think a blanket message is going to work
, it's not just the mitt romneys of the world who will take a hit for higher tax rates on dividends next year. wait. you hear how widespread the pain will be felt among ordinary americans. >>> later, save my 401(k). americans pour millions into these nest eggs because of tax benefits. someone here says those breaks could be chopped to cut the deficit. are those worries overblown? a heated debated is coming up. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> let's get to mary thompson who has more on some of market action. >> more actually on all these companies paying out these dividends, michelle. consider this. last year only 44 members of the russell 3 o -- 3 000 had paid out a special
with mitt romney. i'm wondering to what degree does that move the ball forward? >> mitt romney is not as defeated presidential nominees go, he does not have large amount of influence within his own party. we saw it after the election some of the comments he made. republicans running away from them. he's someone well known from the american people just coming out of a contentious presidential campaign. if he were to put his shoulder to the wheel and assist president obama in trying to move congress along and move some republicans and move democrats as well, that could be a constructive force. i don't know whether that is the end goal of this and whether or not in fact this is simply going to be a private healing session to be followed by some assignment later. if romney chooses to help with this endeavor, he could make some difference. not a huge amount but some. >> thank you for joining us for the latest. new developments on the insider trading investigation surrounding s.a.c. capital. the firm hold be an investor call just a short time ago. kate? >> the headline coming out of
on the impending fiscal cliff. today, president obama meets with mitt romney for a private lunch at the white house. and treasury secretary tim geithner will hold talks with congressional leaders about reducing the deficit while keeping the economy growing - a lot of input being gathered on how to resolve the inevitable. president obama met with his cabinet wednesday for the first time since his re-election. but otherwise, his schedule has been filled with business leaders and resolving the fiscal crisis sooner rather than later. "families need confidence to go out and spend going into christmas." tuesday, leaders from small business gave their views. "i said the more people have money in their pocket, the more they'll spend and we'll do better." "i suggested raising the minimum wage, tying it to an inflation index, and national leadership in online retail taxes." and there's a concerted public effort: the white house website features an appeal to "speak out to keep taxes from going up on the middle class." "if congress does nothing, taxes up $2200." that $2200 morphed into a white house twitter ca
. short of capturing medicare, that we know is off the table. even at mitt romney denied that one. if republicans insist on spending cuts being part of the down payment, the onus is on them to come forward with ideas. containsdent's budget 300 billion in savings. it is silly to think the president will negotiate with himself on entitlements. we done that would not happen. we are waiting for specifics somewhere from republican colleagues to show they're serious on negotiations. >> three weeks ago people sent a message, democrats to our set candidates and built campaigns are run the idea of budgets have to work for middle-class. republican campaigns were clear, too. their commitment to protecting the rich, the ryan but it was on the ballot and it was rejected. the american people voted for candidates who committed to fighting for the middle-class. it was clear they agreed with democrats the what they have to participate and pay the fair share. it is finally encouraging to hear republicans are too soft and rhetoric when it comes to crashes on the rich. i am hopeful the to the a lesso
they didn't make it. ted cruz says that the real problem with mitt romney's disastrous 47% quote was that it accepted the notion that some people are rich. some people are poor. and that's how the pie looks. and then you redistribute among them. he's saying no. true conservatism -- and we've heard joe say this around the table -- >> absolutely. >> -- true conservatism means that everybody can do anything and that the republican party's missed that message. that's what they need to turn to. >> it's going to be interesting to see how they do that and if ted cruz becomes sort of the force in this. what do you think? what's your gut, mike? >> he's already offering himself -- he clearly wants to play that role. >> yeah. >> he said last night, i'm something that's not supposed to exist, a hispanic republican. so ted cruz is one of the most interesting parts of this reinvention of the republican party. another part of it, the new emphasis on immigration. >> yes. >> the effort to reach hispanics. we have a story up today saying that already republicans are going to pieces over this. that
, for five minutes. mr. blumenauer: mr. speaker, mitt romney weathered a storm of criticism late in the campaign after hurricane sandy for his earlier comments about privatizing fema and turning responsibility back to state and local governments. but during an era of fiscal restraint and global warming, it's high time that we start this conversation in earnest. how big do you want your fema to be? how generous your disaster relief payments and how much do you want to pay for it? in today's "new york times" op-ed section, there's an article that points out potential liability for flood insurance alone is $1.25 trillion. second only to the liability for social security. right now we have arguably the worst of both worlds. the federal government responds to disaster usually paying too much for the wrong people to do the wrong things. we provide federal money to put people back in harm's way and sometimes provide infrastructure to make future risky development worse. we often take remedial action, like for theifying beaches, a temporary solution, that can actually accelerate erosion
this picture of mitt romney shopping at costco in california and a dark hat and dark sunglasses. they did not agree on much in the presidential race, but it's clear mitt romney and joe biden share a love of bargains, both of them shopping at costco recently. and the baltimore sun has this headline on their front page -- the storm caused $127 million of damage in maryland. now to republican caller in california, sandy. caller: i just went through an experience with my mother who went from the hospital to a nursing home and was told she could not have any rehabilitation services, that she was only allowed to stay in the nursing home seven days. then we had to make arrangements with hospice. they will all the paper that seven days. and she has to pay for everything else honor own. if hospice came to her house, she will have to pay. she paid into medicare many years. i think all seniors need to be aware and be prepared that this is what will happen to them. that's my experience. host: in philadelphia, rick is a democratic caller. caller: i cannot believe i got through. the last time i spoke w
romney proposed. for the tax portion of this down payment, the decoupling of the bush tax cuts is the right way to bring in up front revenues. if they wish to have a spending cut component, fine, the ball is in their court. what sit? >> we've been specific about our down payment. what is theirs? >> if they have one on the revenue side, we'd like to see the specifics. we've been very specific. so far they haven't offered a single idea short of vouchering medicare that we all know is off the table. even mitt romney denied that one as the campaign went on. if republicans insist on spending cuts the on news is on them to come forward with some ideas t. president's budget continues over $300 billion in health savings. if they don't like that they should make a counter offer. we know that won't happen. we are waiting for some specific somewhere from our republican colleagues to show that they are serious on negotiations. >> three weeks ago the american people went to the polling places and they sent a message. democrats from president obama to our senate candidates on down built thei
with romney being a piece of it. >> has the private equity industry changed its position on this issue? have they accepted -- dare i say have they accepted defeat on this issue? >> i think they haven't changed their position. they still believe -- most people still believe it should be considered ordinary income, but that said, they have accepted defeat. every private equity exec i speak to says they feel at some point carry will be treated as ordinary income and not a capital gain, i'm sorry. and they've not really worked that in but accepted that's going to be a change that will have to come this year or next year. >> has there been any move of foot, and i don't know if we'll see it before the new year for a number of deals to either get done or recaps or other things where people are worried about the additional taxes that may come on dividends. >> you're starting to see that a little bit. and particularly the capital gains increase. because even if leaving carried interest aside, a lot of the investors in private equity funds, you know, no the the nonprofits, but family offices, et ceter
, stuart, mitt romney and the republicans beat up on president obama for the last three years for cutting medicare at $716 billion. he has already showed he is willing to take a big bite out of a major entitlement program. stuart: hold on a second. i do remember it. that is not reform. that is not reforming the structure of entitlement programs. that is the issue. >> i think the focus has been on medicare. the attention now needs to be on medicare inside the aca. there were large structural reforms in the way healthcare was playing out. in fact, last year, we had a slower rate of growth and health care spending that we have had in quite a time. whether president has proposed is part of the current negotiations is another $300 billion cut in medicare. stuart: that is a cut. you do understand, that what we really -- >> stuart, that just is not true. we have not seen them play out. certainly, we will have to be coming back every year. usually, through a committee process where people vote at the end of the day. the republicans decided to take another course around the debt ceiling. i do not
requested the hearing to ask that the charges against him be dismissed. >>> mitt romney and president obama promising to stay in touch. the formal rivals spent an hour discussing ideas to. a source tells cnn there's no discussion for a roll for romney in the obama administration. just a civil lunch. >>> a truck goes into a bar -- no, this is not the set up to a joke, folks. take a look at the result. police say the driver of a snap-on tools truck lost control, knocked off a fire hydrant and crashed through a place called pete's cocktails. it left an 11-foot wide hole in the wall. you can see water rocketing into the air. the good news is everyone was okay. >>> after sandy, a stroke of luck for a man affected by the superstorm. joel was heading to work when he stopped to check his power ball ticket. he was one of 58 people who came up one number short of the big jackpot. >> put it in the machine. he said you're a winner. not only that, you won $1 million. >> several other lotto winners hit the $33 million megamillions. >> that's great. 38 minutes past the hour. >>> the cars of the future and
disparity. things like that. mitt romney's tax rate. those come up in that argument. listen, it may be certainly they wanted to do it before the end of the year. this having been a leverage buyout, they like to keep their leverage ratio pretty high. 4.5 times. then they generate cash flow and pay it down and go to capital markets and borrow another billion dollars and they pay two more dollars to their holders who continue to be some of the lbo firms that took it private. >> that's a game plan that works. >> it has worked well. >> rates are so low. why doesn't everybody do that? >> works well. as a former fully owned by private equity they are more comfortable with leverage than others are. >> a level of comfort that i find to be -- they are insensitive to the economy and they're a winner in obama care. 2014 begins and i'm picking numbers up. hca. even with this leverage. raising numbers, hca, 2014. i'm doing that right now. cramer firm is taking up numbers. >> you did it in your head. >> i did. i'm going to ask the sales force to go out with it and i think he can get the stock movi
this year, worked with mitt romney, on with us, author of "unintended consequences," and you say if you're going to raise taxes, you have to get something back which is what? >> make any tax increase, rolling back bush tax cuts, for example, conditional upon reaching agreement that stop the debt growing as a percent of gdp. they can't reach the agreement by the end of the year so as a part of this, agree to retroactively roll back bush tax cuts if they reach agreements. >> the democrats thought they did enough deficit cutting. >> not even close. >> right. >> 0%, you need $900 billion of tax increases or spending cuts to stop debt growing as a percent of gdp. on the $900 billion you need, you need more than that. the president, who wants to support his spending, needs enormous tax increases, and public opinion says he can blame tax increases on republicans if he's over the cliff so his threat to go over the cliff, i think, is very credible, and i think the republicans are in a very procare yows negotiating position because if they are blamed for this, they'll loss the house, and if they
, as the market continues to be on a hair trigger alert. the president meeting with mitt romney, although no press on that one. and we will also get some housing data coming up in about hal half an hour's time. the exchange is playing muse six in honor of this bank, which is being called america's most exciting bank. >> that's what they call themselves. and maybe that's why they have this music, because it's actually quite loud. >> let's see if they start dancing the executives. >> the race is on to see which bank is the most exciting in this country. >> a new trend here. >> in the meantime, here's the opening bell for a thursday morning. again brook shire -- nasdaq to the nyc and over at the daz damage, fran drescher, star of the sitcom, a great comedian. still responding to the news in the world of social media, whether it's living social and some reported layoffs or what andrew mason said about his tenure at groupon. >> to fire himself, he's not ready to fire himself. >> that was the first step i thought on the right path. i mean he just needs to go one step further, a la mark zuckerberg and go
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